Wuxi in East China's Jiangsu province hosted an award ceremony for foreign investment projects and enterprises on Feb 26.
The Wuxi-Xuzhou Industrial Park started construction in Xuzhou, East China's Jiangsu province, on Feb 24 as part of an effort by the two cities to strengthen cooperation.
Wuxi's job market steadily regained its momentum in 2020, with about 155,600 urban jobs added throughout the year, outperforming the planned provincial target by 1.48 times, according to data released by the local government on Feb 24.
Wuxi National Hi-tech District saw its actual use of foreign capital last year hit $1.28 billion, the highest amount for all the districts of cities throughout East China's Jiangsu province, local officials announced on Feb 20.
The outbound direct investment (ODI) of Wuxi, East China's Jiangsu province hit a record high in 2020 despite the COVID-19 epidemic, according to data released by the local commercial authority on Feb 18.
Driven by strong local leisure demand during the Spring Festival holiday, the consumption level in Wuxi, East China's Jiangsu province was impressively high.
A total of 179 biomedical enterprises located in the Wuxi Biomedical Research and Development Service Outsourcing Zone saw their sales total 10.4 billion yuan ($1.61 billion) in 2020, a year-on-year increase of 5.05 percent.
The China (Wuxi) Cross-border E-commerce Comprehensive Pilot Zone Exhibition Center was launched in Wuxi's Xinwu district on Feb 3, along with a comprehensive service center and online-to-offline experience center for bonded imports.
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